Porsche 911 production may be cut

Porsche 911 production may be cut
The latest reports show that the production of Porsche 911 may be cut later this year if the sales continue to drop. “We have to think about this if car sales continue to develop like this and do not recover again,” said a Porsche spokesman from the Zuffenhausen plant near Stuttgart. Regarding the Leipzig plant in Germany, it appears that things are going well since this factory is currently producing the brand new Panamera and the Cayenne SUV.
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veyron1001veyron1001 - 7/2/2009 11:36:11 AM
+2 Boost
BS.


sectorsector - 7/2/2009 11:37:42 AM
+4 Boost
Porsche should just close shop and go back to its roots... makin' beetles


investor27investor27 - 7/2/2009 11:55:18 AM
+3 Boost
I call BS, too. Porsche has already cut production drastically for the 2009-2010 fiscal year. A friend of mine who worked for a very small Porsche dealership here in the Mid-west told me last month that at his dealership they are usually allocated around 50-60 Porsches annually. But starting this year, they have already received 5 new Porsches (including the Cayennes, Caymans, Boxsters, and 911) as their six-month allocations. You read that right! Only five Porsches for a six-month allocation instead of 30 Porsches. That's over 83% of a reduction already, so what are they talking about? If Porsche reduces any further, as they are threatening to do, that would take the allocation to just 1 car for the next 6-month allocation period. That does not make sense. I call BS, because I think this is their way to scare people into paying their ridiculous mark-ups so they can maintain their $20,000+ profit for every Porsche sold. That time is over.


Joe_LimonJoe_Limon - 7/2/2009 12:25:37 PM
+3 Boost
Hahahaha, things go bad when you are in debt over your head and your bread and you can't rape your faithful anymore.


Joe_LimonJoe_Limon - 7/2/2009 12:26:15 PM
+3 Boost
lol bread? how did that get in there :P


monkeyrunmonkeyrun - 7/2/2009 4:12:20 PM
+2 Boost
You know it's bad when you have debt in your bread...


pennfootballpennfootball - 7/2/2009 1:04:18 PM
+1 Boost
DU
DU HAST
DU HAST MICHE
NEIN!!


009load009load - 7/2/2009 2:20:55 PM
+1 Boost
Debt calls, margin calls in a few months boys, if Porsche can not fund those calls, they are going to be looking for an investor, and farewell to the days of Majority German ownership.


monkeyrunmonkeyrun - 7/2/2009 3:07:17 PM
+1 Boost
LOL I know, margin call's a bitch.


Joe_LimonJoe_Limon - 7/2/2009 6:19:29 PM
+2 Boost
I love how you worded that, I will agree that they do not have $20k markup on every car. $20k is the average, meaning that for every car they have marked up "only" 10k there will be another sold marked up by $30k


Arsen89Arsen89 - 7/2/2009 5:57:59 PM
+1 Boost
Its sad really. Im about to go into college and will be out in some years. A porsche has always been something I look forward to owning but the way things are looking I really hope that Porsche doesnt dissapear like pontiac or any of those companies that have just gone out the window in the last few months. Hoping that in the following years things get better for Porsche.


investor27investor27 - 7/2/2009 9:11:05 PM
+3 Boost
Porsche is not going to disappear anytime soon, but you probably want to learn how to use the spell check before going off to college, and before dreaming about owning a Porsche one day.


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